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Mr.Alan Cohen _ <br /> March 20,2012 <br /> Less 4M Investors LLC final discount of 5% = ($ 342,113.00) <br /> Additional Items Total ayor requested 3/19/12)= $ 6,500,149.00 <br /> Project Total =(Rounded) $16,500,000.00 <br /> Additionally and in accordance with the Parking Structure Contract(dated 07/21/11) - Paragraph <br /> 6.16, it is estimated that the City may achieve additional savings of approximately$200,000.00. <br /> This will bring the Project Cost to an estimated total amount of$16,300,000.00 <br /> We maintain our commitment to the City of Sunny Isles Beach, Florida and please do not <br /> hesitate to contact me if you have any questions or concerns. <br /> Respectfully, <br /> as'rcs <br /> 1 axioma3architects <br /> Eduardo Castineira, Architect <br /> President <br /> Page 3 of 3 <br />